Remaining Units definition

Remaining Units shall have the meaning as set forth in Section 6.2(b).

Remaining Units means the 66,666,666 Class B Units as referenced in the Unit Purchase Agreement, as if such Class B Units were issued and Outstanding on the Purchaser Class B Initial Funding Date and as such Class B Units are adjusted over time ending on the Purchaser Class B Final Funding Date pursuant to Sections 5.12(b)(ii) and 5.12(b)(ix). The purchase price for each Purchaser Class B Unit shall be the Class B Issue Price regardless of the number of Class B Units actually issued.

Remaining Units means the difference between 25% of the outstanding Units and the number of Units purchased pursuant to the Offer and/or owned by the Standstill Parties as of the Expiration Date.

Examples of Remaining Units in a sentence

• Where there are sufficient Remaining Units to satisfy all additional subscriptions by holders exercising their rights under the Additional Subscription Privilege, each holder shall be allotted the number of Additional Units subscribed for.

• Remaining Units not sold to existing renter households must be sold to households earning 80% or less of AMI; and The Tenant Conversion Plan, which must be reasonably acceptable to MFA in order to receive points under this category, must be implemented on or before one (1) year prior to the termination of the Compliance Period.

• Subject to Section 2.04, all Titanium OP Units owned by the Titanium Family immediately prior to the Partnership Merger Effective Time other than the Titanium Family Remaining Units (such Titanium OP Units, the “Titanium Family Converting Units”) shall be converted into the Cash Partnership Merger Consideration (the “Titanium Family Partnership Merger Consideration” and, together with the Minority OP Partners Partnership Merger Consideration, the “Partnership Merger Consideration”), without interest.

• Any Exchange Requests submitted in violation of such maintenance requirement will be summarily disregarded, and DPA shall have no obligation to effectuate a Closing of any such Exchange relating to the entire amount of Remaining Units included on such Exchange Request.

• Within fifteen (15) days after the receipt of such notice, if the non-transferring Members desire to acquire all or any portion of the Remaining Units of the Affected Member (the “Purchasing Members”), then the Purchasing Members shall deliver to the Secretary (or to the Company in the event that there is no Secretary) a written election to purchase such Remaining Units of the Affected Member or a specified number thereof.

More Definitions of Remaining Units

Remaining Units means, with respect to each Member, all New Class A Units held by such Member immediately following the IPO, taking into account all such New Class A Units redeemed by DPA pursuant to the Reorganization Agreement (as defined herein) in connection with the IPO (including New Class A Units that may be exchanged by such Member if the underwriters exercise their over-allotment option in the IPO).

Remaining Units means the units that are not subscribed to under the offering subject matter of these Terms and Conditions.

Remaining Units has the meaning given in Section 10.06(c).

Remaining Units has the meaning ascribed to such term in the recitals to this Agreement.

Remaining Units means at any time, (a) 100,000,000 Class B Units (plus the amount of any Additional Units if the Purchaser exercises the Upsize Option) minus (b) the aggregate number of Class B Units previously sold to and purchased by the Purchaser at the Initial Funding and any previous Follow-on Funding.

Remaining Units has the meaning assigned to such term in the Unit Purchase Agreement, as if such Class B Units were issued and Outstanding on the Purchaser Class B Initial Funding Date and as such Class B Units are adjusted over time ending on the Purchaser Class B Final Funding Date pursuant to Sections 5.12(b)(ii) and 5.12(b)(ix). The purchase price for each Purchaser Class B Unit shall be the Class B Issue Price regardless of the number of Class B Units actually issued.

Remaining Units has the meaning set forth in Section 8.4(a). “Repurchase Election Period” has the meaning set forth in Section 8.3(a). “Repurchase Funds” has the meaning set forth in Section 8.3(e). “Repurchase Notice” has the meaning set forth in Section 8.4(a).